Precision Drilling (PDS) Change in Working Capital (2009 - 2026)
Precision Drilling (PDS) reported Change in Working Capital of $151.7 million for Q1 2026, up 13.28% quarter-over-quarter from $134.0 million in Q4 2025.
Precision Drilling (PDS) Change in Working Capital (2009 - 2026) Analysis & Trends
Precision Drilling has reported Change in Working Capital for 18 years, with the latest figure at $151.7 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Working Capital changed N/A year-over-year to $151.7 million; the trailing twelve-month figure through Mar 2026 stood at $151.7 million (changed N/A YoY), and the FY2025 full-year result was $133.7 million, up 12.59% from the prior year.
- Change in Working Capital for Q1 2026 stood at $151.7 million, up from $134.0 million in the prior quarter.
- The five-year high for Change in Working Capital was $184.1 million in Q1 2023, with the low at $2.7 million in Q2 2025.
- Historically, Change in Working Capital has averaged $109.8 million across 5 years, with a median of $116.6 million in 2022.
- Annual changes were most pronounced in 2023 — Change in Working Capital surged 125.04% — and 2025, when it slumped 97.71%.
- Precision Drilling's Change in Working Capital stood at $44.7 million in 2022, then surged by 125.04% to $100.5 million in 2023, then climbed by 15.77% to $116.4 million in 2024, then increased by 15.1% to $134.0 million in 2025, then grew by 13.28% to $151.7 million in 2026.
- The last three Change in Working Capital figures came in at $151.7 million (Q1 2026), $134.0 million (Q4 2025), and $2.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 151.75 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | - |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 151.75 Mn |
| Mar 31, 2026 | 151.75 Mn |
| Dec 31, 2025 | 133.96 Mn |
| Dec 31, 2025 | 133.96 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Dec 31, 2024 | 116.39 Mn |
| Dec 31, 2024 | 116.39 Mn |
| Sep 30, 2024 | 122.03 Mn |
| Sep 30, 2024 | 122.03 Mn |
| Jun 30, 2024 | 115.86 Mn |
| Jun 30, 2024 | 115.86 Mn |
| Dec 31, 2023 | 100.54 Mn |
| Dec 31, 2023 | 100.54 Mn |
| Sep 30, 2023 | 132.58 Mn |
| Sep 30, 2023 | 132.58 Mn |
| Jun 30, 2023 | 100.38 Mn |
| Jun 30, 2023 | 100.38 Mn |
| Mar 31, 2023 | 184.07 Mn |
| Mar 31, 2023 | 184.07 Mn |